Ocean Power Technologies Inc (OPTT)
AMEXIndustrialsElectrical Equipment & PartsSnapshot 2026-11-04
$0.44-4.13%
Close 2026-11-04 · 1-day change
AMEXIndustrialsElectrical Equipment & PartsSnapshot 2026-11-04
QuarterlyIQ Insights · OPTT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -68.0% |
| Our one-year growth estimate | diamond | -5.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 62.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 14 industry peers
OPTT — legal / regulatory event — Change in Registrant’s Certifying Accountant
Dated 2026-10-28
Change in Registrant’s Certifying Accountant. (a) Dismissal of Previous Independent Registered Public Accounting Firm . Effective June 2, 2025, Moss Adams LLP (“Moss Adams”), our independent registered public accounting firm for the fiscal year ended April 30, 2025, completed its merger with Baker Tilly US, LLP (“Baker Tilly”). In connection with the notification of the merger, Moss Adams resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors appro…
Why it matters: OPT used $20.8 million in cash for operations in fiscal 2026 and reported an operating loss. Lower cash use would ease pressure on funding.
Watch forThe next report shows yearly operating cash use below $20.8 million. Operating loss is also below $38.4 million.
Also watch forThe next report shows operating cash use of at least $20.8 million for a full year, or an operating loss of at least $38.4 million.
Why it matters: The October 26 letter is not binding. A signed deal would set clear terms for the demo and any monthly retainer.
Supportive ifOPT and Stratum sign final agreements that name the demo plan and monthly retainer.
Worry ifEither company ends talks, or no final agreement is signed and the parties report no demo start.
Why it matters: OPT revised fiscal 2026 results after more audit work. Another large revision would add to reporting concerns.
Worry ifThe next audited report changes revenue, gross loss, or net loss by $1 million or more from the latest figure.
Less concerning ifThe next audited report keeps those figures the same and shows no new accounting correction.
Why it matters: The firms have not yet shown that PowerBuoy can power GPU systems at sea. Test results would show whether the plan works.
Supportive ifOPT and Stratum report a sea-based demo. It runs GPU workloads on renewable power from onboard sources, without a shore cable.
Worry ifThe demo fails to run GPU workloads without shore power, or no test results are reported after a demo begins.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$457 on $10,000 · ±4.6% | How much price usually moves either way. |
| Bad day | $1,362 loss on $10,000 · 13.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $9,805 loss on $10,000 · 98.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.